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NB Global Monthlyome Fund (LSE:NBCS) Retained Earnings : £0.00 Mil (As of Jun. 2023)


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What is NB Global Monthlyome Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NB Global Monthlyome Fund's retained earnings for the quarter that ended in Jun. 2023 was £0.00 Mil.


NB Global Monthlyome Fund Retained Earnings Historical Data

The historical data trend for NB Global Monthlyome Fund's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NB Global Monthlyome Fund Retained Earnings Chart

NB Global Monthlyome Fund Annual Data
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Retained Earnings
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NB Global Monthlyome Fund Semi-Annual Data
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NB Global Monthlyome Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


NB Global Monthlyome Fund  (LSE:NBCS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


NB Global Monthlyome Fund (LSE:NBCS) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL
NB Global Monthly Income Fund Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with consistent levels of monthly income while maintaining or increasing the Net Asset Value (NAV) per share over time. It invests in diversified industry sectors. The Company's investment objective had been to target consistent levels of monthly income, whilst seeking to preserve or increase investors' capital. The Fund's managers seek to achieve the objective by investing in a broad range of credit assets, including but not limited to high yield and investment grade bonds and alternative credit comprising of distressed debt, mezzanine debt, and private corporate loans.

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